What does H.S. IMMO do?

H.S. IMMO is a property company in Herk-de-Stad. Private Limited, started on 20 October 2016, 1 establishment.

What is the address of H.S. IMMO?

The registered office of H.S. IMMO is located at Stevoortweg 91, 3540 Herk-de-Stad.

Is H.S. IMMO still active?

Yes. According to the CBE (31 October 2026) H.S. IMMO is active, legal situation “Normale toestand”, started on 20 October 2016.

Is H.S. IMMO registered on Peppol?

Yes, H.S. IMMO is registered on the Peppol network with ID 0208:0664836812.

What is the enterprise number of H.S. IMMO?

The enterprise number of H.S. IMMO is BE0664836812.

When was H.S. IMMO founded?

H.S. IMMO was founded on 20 October 2016.

Who are the directors of H.S. IMMO?

According to the 2025 annual accounts, the directors of H.S. IMMO are: Raf WOLFS.

Is H.S. IMMO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 October 2016; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did H.S. IMMO make in 2025?

H.S. IMMO recorded a loss after taxes of € 115,282 in financial year 2025.

What is the revenue of H.S. IMMO?

As a small company, H.S. IMMO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 48,811.

Does H.S. IMMO have a website?

Yes, H.S. IMMO has a website at hsworks.be.

H.S. IMMO (Private Limited) - Herk-de-Stad - BE0664836812

Dossier H.S. IMMO, printed on 1 November 2026 from databakkes.be/en/0664836812/h-s-immo. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

H.S. IMMO from Herk-de-Stad, company number BE0664836812, closed financial year 2025 with a result of € -115,282 after tax. For that financial year H.S. IMMO recorded a gross margin of € 48,811 and equity of € 336,797. Compared with financial year 2024, the result moved from € 79,914 to € -115,282. The company made a loss. The buffer shrank hard: equity is 52 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.

What it is worth Shrank hard

€ 336,797

▼ 52% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -115,282

▼ still € 79,914 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 105,252

▲ 130% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 324,852.

Debts at end 2025

Bank debt ≈ 12 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.6 million

▼ 21% vs 2024

€ 133,608 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.

Owed to suppliers

€ 3,339

▼ 94% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 228

▼ 99% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 322,503 Gross margin 2022: € 322,503 First fiscal year in the series	€ 617,487 Gross margin 2023: € 617,487 ▲ 91% vs 2022 (€ 322,503) Favourable step	€ 446,739 Gross margin 2024: € 446,739 ▼ 28% vs 2023 (€ 617,487) Unfavourable step	€ 48,811 Gross margin 2025: € 48,811 ▼ 89% vs 2024 (€ 446,739) Unfavourable step	▼ 89%
Profit after taxes	€ 61,931 Profit after taxes 2022: € 61,931 First fiscal year in the series	€ 212,403 Profit after taxes 2023: € 212,403 ▲ 243% vs 2022 (€ 61,931) Favourable step	€ 79,914 Profit after taxes 2024: € 79,914 ▼ 62% vs 2023 (€ 212,403) Unfavourable step	€ -115,282 Profit after taxes 2025: € -115,282 ▼ € 195,196 vs 2024 (€ 79,914) Unfavourable step	▼ € 195,196
Equity	€ 437,452 Equity 2022: € 437,452 First fiscal year in the series	€ 649,004 Equity 2023: € 649,004 ▲ 48% vs 2022 (€ 437,452) Favourable step	€ 703,918 Equity 2024: € 703,918 ▲ 8% vs 2023 (€ 649,004) Favourable step	€ 336,797 Equity 2025: € 336,797 ▼ 52% vs 2024 (€ 703,918) Unfavourable step	▼ 52%
Total debts	€ 1,047,248 Total debts 2022: € 1,047,248 First fiscal year in the series	€ 1,022,442 Total debts 2023: € 1,022,442 ▼ 2% vs 2022 (€ 1,047,248) Favourable step	€ 2,213,316 Total debts 2024: € 2,213,316 ▲ 116% vs 2023 (€ 1,022,442) Unfavourable step	€ 1,924,490 Total debts 2025: € 1,924,490 ▼ 13% vs 2024 (€ 2,213,316) Favourable step	▼ 13%
Cash	€ 72,435 Cash 2022: € 72,435 First fiscal year in the series	€ 82,479 Cash 2023: € 82,479 ▲ 14% vs 2022 (€ 72,435) Favourable step	€ 45,714 Cash 2024: € 45,714 ▼ 45% vs 2023 (€ 82,479) Unfavourable step	€ 105,252 Cash 2025: € 105,252 ▲ 130% vs 2024 (€ 45,714) Favourable step	▲ 130%
Land & buildings	€ 691,586 Land & buildings 2022: € 691,586 First fiscal year in the series	€ 679,541 Land & buildings 2023: € 679,541 ▼ 2% vs 2022 (€ 691,586) Unchanged	€ 2,105,875 Land & buildings 2024: € 2,105,875 ▲ 210% vs 2023 (€ 679,541) Unchanged	€ 2,031,734 Land & buildings 2025: € 2,031,734 ▼ 4% vs 2024 (€ 2,105,875) Unchanged	▼ 4%
Retained profit	€ 418,852 Retained profit 2022: € 418,852 First fiscal year in the series	€ 630,404 Retained profit 2023: € 630,404 ▲ 51% vs 2022 (€ 418,852) Favourable step	€ 685,318 Retained profit 2024: € 685,318 ▲ 9% vs 2023 (€ 630,404) Favourable step	€ 324,852 Retained profit 2025: € 324,852 ▼ 53% vs 2024 (€ 685,318) Unfavourable step	▼ 53%
Dividend	€ 800 Dividend 2022: € 800 First fiscal year in the series	€ 850 Dividend 2023: € 850 ▲ 6% vs 2022 (€ 800) Unchanged	€ 25,000 Dividend 2024: € 25,000 ▲ € 24,150 vs 2023 (€ 850) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 25,000) Unchanged	▼ 100%
Bank debt	€ 861,584 Bank debt 2022: € 861,584 First fiscal year in the series	€ 903,170 Bank debt 2023: € 903,170 ▲ 5% vs 2022 (€ 861,584) Unfavourable step	€ 2,034,327 Bank debt 2024: € 2,034,327 ▲ 125% vs 2023 (€ 903,170) Unfavourable step	€ 1,605,781 Bank debt 2025: € 1,605,781 ▼ 21% vs 2024 (€ 2,034,327) Favourable step	▼ 21%
Balance sheet total	€ 1,484,699 Balance sheet total 2022: € 1,484,699 First fiscal year in the series	€ 1,671,446 Balance sheet total 2023: € 1,671,446 ▲ 13% vs 2022 (€ 1,484,699) Unchanged	€ 2,917,234 Balance sheet total 2024: € 2,917,234 ▲ 75% vs 2023 (€ 1,671,446) Unchanged	€ 2,261,288 Balance sheet total 2025: € 2,261,288 ▼ 22% vs 2024 (€ 2,917,234) Unchanged	▼ 22%

Key figures of H.S. IMMO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to H.S. IMMO?

What happened at H.S. IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Sep 30, 2026 New annual accounts for financial year 2025: loss of € 115,282 (▼ € 195,196 vs 2024). filed late Source: NBB ↗
Oct 20, 2016 New establishment in Herk-de-Stad. KBO
Oct 20, 2016 Start of the company according to the CBE. KBO

In short

From € 61,931 profit in 2022 to € 115,282 loss in 2025.

Paid € 83,242 in corporate taxes since 2022.

Best year ever: 2023, with € 212,403 profit.

Paid out € 26,650 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Raf WOLFS

H.S. IMMO

H.S. WORKS

Behind H.S. IMMO is Raf WOLFS. Raf WOLFS is also behind H.S. WORKS.

Directors

According to the 2025 annual accounts

Raf WOLFS

Director

Also active at: H.S. WORKS

Establishments

Establishment units

Physical locations of this company

Registered office

Stevoortweg 91

3540 Herk-de-Stad

2.257.593.638

Industrieweg 1408

3540 Herk-de-Stad

Active since 20 October 2016

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS hsworks.be

About

Technologies

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Certifications & Partners

FEB/VBO

Hosting & Email

Email provider

Microsoft 365

Hosting

COMBELL-AS, BE

Website info

HTTPS Ja

Languages NL

Features

Webshop Jobs Ads Contact page

Security

✓ HTTPS

✓ SPF

✓ DMARC

Network

✓ IPv6

Details

Company number: 0664.836.812
VAT number: BE 0664.836.812
Registered office: Stevoortweg 91, 3540 Herk-de-Stad
Names & denominations: H.S. IMMO
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 20 October 2016
Peppol: Active · Active since 27 Jan 2026
Contact: hsworks.be
Activities · NACE: Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

View on CBE Public ↗ Annual accounts (NBB) ↗